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New York · 2025 Regular Session · Bill

S 4703: Requires a recording officer not to record or accept a transfer or assignment of interest in a mortgage unless accompanied with a mortgage ownership assignment

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

S 4703 is a bill introduced in the New York Senate on February 11, 2025. According to its official title, it concerns: Requires a recording officer not to record or accept a transfer or assignment of interest in a mortgage unless accompanied with a mortgage ownership assignment. Primary sponsor: Cordell Cleare (Democratic). Most recent recorded action (January 7, 2026): REFERRED TO JUDICIARY.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Requires a recording officer not to record or accept a transfer or assignment of interest in a mortgage unless accompanied with a mortgage ownership assignment document.

Sponsors

Sponsors by party (alphabetical): Democratic 1

NameRolePartyChamberDistrict
Cordell ClearePrimary sponsorDemocraticSenate30

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. REFERRED TO JUDICIARY
  2. REFERRED TO JUDICIARY

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source